First National Bank of Skowhegan, Maine - 1902 dated Maine Banking Stock Certificate - Stub Cut Off
Inv# BS1285 Stock
Stub cut off. Stock printed on yellow paper. Skowhegan is the county seat of Somerset County, Maine, United States. As of the 2020 census, the town population was 8,620. Every August, Skowhegan hosts the annual Skowhegan State Fair, the oldest continuously held state fair in the United States. Skowhegan was originally inhabited by the indigenous Abenaki people who named the area Skowhegan, meaning "watching place [for fish]," and were mostly dispersed by the end of the 4th Anglo-Abenaki War. Read more at https://en.wikipedia.org/wiki/Skowhegan,_Maine
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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